National Republican., 1887-03-15
MODERATELY WEAK.
The Bears Make the Most OF Depress-
Inc Rumora.

ing Rumors.
New YORK, Mar. i4.-The new week
opened on the stock exchange with a
moderately active and weak market, with
more general distribution OF the business
and interest than has been seen for some
time. There was marked disposition TO
buy shown by the foreign houses early In
the day, but the pressure OF stocks for sale
and the persistent hammering OF the bears
soon became too much for the weak sup
port given to prices, and general decline
which affected the entire list followed.
The general feeling was considerably
mixed, but the waiting policy Of the advo-
Gates Of higher prices gave the bears an
opportunity TO raid the entire list. The
market displayed considerable feverlsh-
ness, but soon became decidedly weak
throughout, while the Baltimore and Ohio
deal still continued to be the principal
disturbing element.
The bears used the increasing scarcity
Of money very freely as a lever to depress
values, although the closing rates were low.
The opening this morning was decidedly
strong, aud the advances over Saturdays
final figures ranged up TO per cent. There
were further small gains In the early trad
In g, but before the end Of the first 10 minutes
| first hour there was period OF dizziness, but
| the pressure was soon renewed, and the de-
| clining tendency continued until p. m.
| After that time there was fractional rally.
| which was followed In turn by tho loss OF
| the small gains recorded. The last hour
| showed q much better feeling, and the close
| wss quiet but firm at small fractions better
| than the lowest OF the day.
Money on call has been easy, ranging from
| 81 to g, last loan at %, aud closing
| at 3 to 4. The market is ilrmer through
| fears OF a squeeze, and there Is o demand
| for time loans In order TO avoid the calling
IN Of call loans. Sterling exchange is
weaker, with the supply OF all kinds of bill
10 excess OF the demand. Actual business
at 4S4 to 4s4i for 90 day bills and 4S7 to
4STi for demand Posted rates 1851 to 4SS.
Government bonds have been duh and
steady. State bonds have been dull, but
firm. Railroad bonds have been dull and
| heavy to weak.
Treasury balances - Coin, S13i, ,23l 523;
| currency, Sl0,212, ,142.
The following were the closing bid quo
tations
Ss, 1oOl As, 1885; AZ COUP, lOa1s; Pac; o. OF
eS, 12g1S; D. C. a65s, l26: Ga. IS l0S1 La. Cons,
| S1l; Mo. Us Of 81. 10i: N. e.. Cons. Is: l2bIa;
90 as, 100; Tenn. settlemt &c, iO5 do 6s, ll3;
q. 1st, 20; NJ. X. st, 90; Northern. pac lst,
| III; Northwestern cons l3y; do. debenture
| 100: st. Il San Fran, 10: st. Paul Cons, l29;
st. L., Chi'go d Pac. LIST. 1857; South Pic 1st,
l1S; T. p. X. G. & c.. n; Union PGc, lst, llSH
West Shore. 1929; Adams Express, III; Alton
at II. 30; do. preferred, so; American Ex
1926 Bos Air l. pref; l0l: b. Q. Il Il. NJ. %;
Can. Southern.67Is; Canton; 80; Cen. Pac., 3619
Chts ~ Ohio. "a; Chicago Il Alton, IN; do
pref, iGO; c. b 80. 1857; Cleye'd & Col, q,
Zen. Col. 90; Del. & IIud,, 1907; Del. II Lack.
| 1888: Denver & X. G., 2l24; Erie, 33ls; do pref.
.o1s; Fort Wayne, 1857; Harlem, 221: Hous y
Tex, SO: Il.iCen. l2Ot9; Kans. " Texas. S01 &
J.. E. Il w, is; Lake shore, 0E Lui & Nash
6l5k; MaIr. & Gu, 1861; NJ. e Chat, SO; Met
j., 207; Mich. Cen, s9Is; Mo. Pac, 107; Mob. &
| o., 15la; Mar. 4 e.. 1870; U. Chat. S9I9: NJ.
| Central, 69SS; Nix. " W. pref, Az; Northern
Pac., z55a;d do. pref, 6sl1; Northwestern, 1l51s
| DO. pref. 1i1; N. Y. Central, 1925; Chicago "
81. H., lGIS; do. pref. 81; Ohio & Miss, 27s6
DO pref, So; Or Nav. ,lOll Pac. Mail 5Sj5; Pitts
burg, 6ll2: Reading, 3I4; Rich. y Alex. s
Rich. S DAN. 100; Rock L. l25l4; $. q s. F.
S211g; do. pref, G5; lst pref. lli!a; st. Paul
9lt5: do. pref, 100; Tex. Pac. 26: Union Pac.,
56sl; U. SX., CO: wab. Pac., 1873; do pref. 90 {
Wells Far, l27; W. Union, 754; Tenn
Coal S Iron. A: Cotton Oil Trust, 5e3S
Quicksilver, Z; do. pref, 81.
tsraIn ana FrovisionB.
Following Is the range Of prices in the Chiesg
market flrnishpd by n, X, Plain n Co., 1t, ClOut